ISTANBUL: IBM saw its net income rise 16% to $1.8 billion in the second quarter of 2024, according to its financial results statement released Wednesday.
Its total revenue showed a slight increase of 2% to $15.8 billion in the April-June period.
Whi…
ISTANBUL: The US economy expanded 2.8% in the second quarter of 2024, according to the Commerce Department’s first advance reading released Thursday.
The figure came much higher than market estimates of 2%.
The American economy expanded by 1.4% in t…
ISTANBUL: European stock exchanges closed lower on Monday, except in the UK.
The STOXX Europe 600, which includes around 90% of the market capitalization of the European market in 17 countries, was down 1.04 points, or 0.2%, to finish at 511.79.
Ger…
ISTANBUL: The Securities and Exchange Commission (SEC) said Thursday it charged an individual with defrauding more than 70 investors of approximately $31 million through his company.
The SEC said its complaint alleges that Babu Ramaraj, a resident of…
ISTANBUL: The US charged 19 alleged members of a human smuggling organization for coordinating the smuggling of dozens of unauthorized migrants from Mexico.
While nine of the 19 are in custody, a grand jury returned an indictment against 14 members o…
ISTANBUL: US durable goods orders declined 6.6% in June, falling after four consecutive months of gains, according to a report released Thursday by the Commerce Department’s Census Bureau.
New orders for manufactured durable goods decreased $18.6 bil…
